WEX Inc. (WEX)
NYSE: WEX · Real-Time Price · USD
176.15
+4.68 (2.73%)
Jul 24, 2026, 4:00 PM EDT - Market closed
WEX Inc. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,792 | 2,661 | 2,628 | 2,548 | 2,351 | 1,851 | |
Revenue Growth (YoY) | 7.46% | 1.24% | 3.14% | 8.40% | 27.02% | 18.63% |
Cost of Revenue | 973.1 | 948.5 | 903.7 | 868.9 | 824.6 | 590 |
Gross Profit | 1,819 | 1,712 | 1,724 | 1,679 | 1,526 | 1,261 |
Selling, General & Admin | 777.6 | 717.2 | 716.8 | 755.8 | 655.7 | 646 |
Depreciation & Amortization Expenses | 330.3 | 331.1 | 321.3 | 276.2 | 263.9 | 272.7 |
Other Operating Expenses | - | - | - | - | 136.5 | - |
Total Operating Expenses | 1,108 | 1,048 | 1,038 | 1,032 | 1,056 | 918.7 |
Operating Income | 711.3 | 663.9 | 686.3 | 647.1 | 469.8 | 342 |
Interest Income | - | - | - | - | - | 3.6 |
Interest Expense | -228.4 | -240.6 | -235.9 | -204.6 | -47.5 | -89.2 |
Other Non-Operating Income (Expense) | 2.6 | -3.1 | -32.6 | -73.7 | -161.8 | -52.4 |
Total Non-Operating Income (Expense) | -225.8 | -243.7 | -268.5 | -278.3 | -209.3 | -138 |
Pretax Income | 485.4 | 420.2 | 417.8 | 368.8 | 260.5 | 203.9 |
Provision for Income Taxes | 134.7 | 116.1 | 108.2 | 102.2 | 93.1 | 67.8 |
Net Income | 80.3 | 304.1 | 309.6 | 266.6 | 167.5 | 136.1 |
Minority Interest in Earnings | - | - | - | - | 34.5 | -134.4 |
Net Income to Common | 80.3 | 304.1 | 309.6 | 266.6 | 201.4 | 135.4 |
Net Income Growth | -21.96% | -1.78% | 16.13% | 32.37% | 48.74% | - |
Shares Outstanding (Basic) | 35 | 36 | 41 | 43 | 44 | 45 |
Shares Outstanding (Diluted) | 35 | 36 | 41 | 43 | 45 | 45 |
Shares Change (YoY) | -9.64% | -13.08% | -4.62% | -3.13% | -1.32% | 3.33% |
EPS (Basic) | 10.17 | 8.57 | 7.59 | 6.23 | 4.54 | - |
EPS (Diluted) | 10.04 | 8.47 | 7.50 | 6.16 | 4.50 | - |
EPS Growth | 26.93% | 12.93% | 21.75% | 36.89% | - | - |
Free Cash Flow | 108.5 | 313.7 | 334.1 | 764.3 | 566.5 | -128.6 |
Free Cash Flow Growth | -61.77% | -6.11% | -56.29% | 34.92% | - | - |
Free Cash Flow Per Share | 3.11 | 8.74 | 8.09 | 17.65 | 12.67 | -2.84 |
Gross Margin | 65.15% | 64.35% | 65.61% | 65.90% | 64.92% | 68.12% |
Operating Margin | 25.48% | 24.95% | 26.11% | 25.40% | 19.99% | 18.48% |
Profit Margin | 2.88% | 11.43% | 11.78% | 10.46% | 7.13% | 7.35% |
FCF Margin | 3.89% | 11.79% | 12.71% | 30.00% | 24.10% | -6.95% |
EBITDA | 1,042 | 995 | 1,008 | 923.3 | 733.7 | 614.6 |
EBITDA Margin | 37.30% | 37.39% | 38.34% | 36.24% | 31.21% | 33.21% |
EBIT | 711.3 | 663.9 | 686.3 | 647.1 | 469.8 | 342 |
EBIT Margin | 25.48% | 24.95% | 26.11% | 25.40% | 19.99% | 18.48% |
Effective Tax Rate | 27.75% | 27.63% | 25.90% | 27.71% | 35.74% | 33.25% |